# PPP loan: AL-FALAH ACADEMY INC.
> **$344K** approved 04/30/2020 · Paid in Full · Loan `6031117308`
## Borrower
- **Name:** AL-FALAH ACADEMY INC.
- **Address:** 4805 PO BOX, LILBURN, GA, 30048-3859
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $344K
- **Initial approval:** $344K
- **Forgiven:** $347K (101%)
- **Forgiveness date:** 03/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $344K
- **Jobs reported:** 94
## Lender
- **Originating:** University Bank
- **Servicing:** University Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*